Blog - Page 4111 of 5513

WednesdayJan 14, 2009 6:28 am

Total (TOT) Claims 50% Stake in IDT Corp.’s (IDT) AMSO

Today, 10 minutes before the opening bell, it was announced that Total (NYSE: TOT), the fifth largest international integrated oil and gas company, will purchase a 50% stake in IDT's American Shale Oil, LLC (AMSO) subsidiary. AMSO is one of three holders of 10-year leases granted by the U.S. Bureau of Land Management to assess, test and demonstrate the potential for commercial shale oil production in western Colorado. After AMSO has proven that its technology is economically viable and environmentally acceptable, it will be given the opportunity to expand its lease to 5,120 acres for commercial development. The rights covered…

WednesdayJan 14, 2009 6:08 am

Axial Vector Engine Corp. (AXVC.PK) GENSET to Revolutionize the Global Market for Energy

Axial Vector Engine Corp.’s family of high-power "Axial Flux" coreless electric generators is capable of reaching 98.5% efficiency in converting mechanical to electric energy. The company’s Axial Vector Engine is designed to be seamlessly integrated with two 100 kW Axial Flux generators to create a 200 kW generator set (GENSET) that is expected to become AVEC's first commercially marketed product. Currently, the global market for under one megawatt of power is estimated to be at $14 billion. According to the company, their systems produce power at a much lower cost and are able to operate on multiple fuel types, reducing…

WednesdayJan 14, 2009 5:36 am

MyECheck, Inc. (MYEC.OB) Reports Astronomical Growth for 2008; Revenue Increases 1,096%

Yesterday after the closing bell, MyECheck announced that it has processed about 2.1 million transactions in 2008, the year the company debuts its patented electronic transaction system. Unaudited 2008 financial results report that the company's fourth quarter revenue was approximately $235,000 on processing approximately $40 million worth of goods and services, compared to $41,000 in revenue for the same quarter in 2007. Quarterly revenue growth was solid throughout the year, ranging from 41% to 88% growth per consecutive quarter. Ed Starrs, C.E.O. of MyECheck Inc., commented, "We are pleased to have established MyECheck as a viable alternative electronic transaction processor…

TuesdayJan 13, 2009 2:03 pm

Proteonomix Inc. (PROT.PK) is “One to Watch”

Headquartered in Mountainside, New Jersey, Proteonomix Inc. is a biotechnology company trading on the Pink Sheets. Their corporate focus is on developing therapeutics based upon the use of human cells and their derivatives. The Company is developing proteins and cell therapies to treat a wide range of diseases. Proteonomix Inc. has facilities at several academic institutions. Proteonomix is currently focusing on cosmetics, anti aging, and injury products. Their research and development program has produced over ten patent applications and they have multiple products ready to market. The Company's subsidiary Proteoderm, Inc. commercializes the product line up. In the first quarter…

TuesdayJan 13, 2009 1:49 pm

China Organic Agriculture Inc. (CNOA.OB) is “One to Watch”

With offices in Los Angeles, California, and Liaoning, China, China Organic Agriculture Inc. is an active trader of agricultural products in China. Trading on the OTCBB, their mission is to capitalize on China's growing economy with the ability to acquire upscale products. China Organic Agriculture, Inc. is engaging in the organic foods revolution. They are one of the largest producers of green and organic rice in China. Founded in 2002, China Organic Agriculture controls all aspects of the rice production process from seeds to planting, as well as, research and development and distribution. China Organic Agriculture has established their brand…

TuesdayJan 13, 2009 9:14 am

Hunt Gold Corp. (HGLC.PK) Stakes an Additional 71 Claim Blocks Surrounding Its “Mockingbird” Gold Project

Shortly before noon, Hunt Gold announced today that it has commenced with the immediate staking of an additional 71 different, but adjacent, Claim Blocks surrounding its "Mockingbird" Gold Mine in Arizona and explained its motivation for this additional capital expenditure. The company anticipates releasing the full details of these claims once all paperwork has been filed with the BLM. According to the press release, the claims are well known to the company and are believed to be strategically important. Hunt Gold reviewed the exploration and mining history prior to acquiring these properties and is strongly encouraged by its findings. Currently,…

TuesdayJan 13, 2009 8:34 am

Endeavour Silver Corp. (EXK) Recognizes Fourth Consecutive Year of Record Silver Production, Anticipates Substantial Growth in 2009

Endeavour Silver Corp. announced that its silver production in 2008 totaled 2.34 million ounces of silver, up 9% over 2007, marking the fourth consecutive year of record silver production. According to the press release, the all-time high silver production can largely be attributed to the successful rehabilitation and re-commissioning of the Guanajuato Mines project, which was acquired in May 2007. Bradford Cooke, Chairman and CEO, commented, "We are pleased to announce that Endeavour beat its revised production forecast of 2.3 million oz silver for 2008, notwithstanding our decision in September to slow production growth so long as the silver price…

TuesdayJan 13, 2009 8:26 am

Valence Technology, Inc. (VLNC) Ships its 200,000th Battery, Recognizes itself as the Leading Worldwide Supplier of Lithium Phosphate Energy Storage Systems

Valence Technology, Inc. announced this morning that it has celebrated a substantial company milestone – the shipment of 200,000 Valence batteries since 2005. The company’s battery technology powers a variety of applications including hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs) and electric vehicles (EVs) including cars, buses, trucks, scooters and motorbikes. "As this milestone demonstrates, we believe that Valence is the number one worldwide supplier of lithium phosphate energy storage systems," stated Robert L. Kanode, President and CEO of Valence. "In addition, our recent supply agreements confirm that Valence's safe chemistries, robust intellectual property and customized solutions meet…

TuesdayJan 13, 2009 8:04 am

Thinking about Buying Oil but Don’t Know Where to Start?

With the way oil prices ran from $51.03 to $147.90 a barrel and then plummeted under $40 a barrel, many investors are considering to make their entry into the “black gold” market. While there are hundreds of oil companies out there to invest in, the risk is significantly greater than simply trading the price of oil. So how does an average retail investor trade the spot price? The simplest and most direct way for most investors to make a bet on the price of oil is to buy shares of USO. USO is not a company, it's simply an asset…

TuesdayJan 13, 2009 7:39 am

MicroStockProfits Features Union Dental Holdings, Inc. (UDHI.OB) as a “Value Proposition”

Union Dental Holdings is focused on providing affordable dentistry for members by utilizing existing insurance benefits. Union Dental currently has networks set up for CWA, IBEW, IUE-CWA, and AFA-CWA. The company’s network currently expands across 15 states and continues to grow. Union Dental Holdings solidified its position during the past year, even amidst the recession, and became one of the top small-cap turnaround stories of 2008. After recording a loss of almost $1 million during the first 9 months of 2007, the company generated net income of over $24K by the end of Q3 2008 on almost identical revenues of…

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